Examlex
The fundamentals of a country's ________ system remain the best predictor of cost and efficiency.
Simple Structure
An organizational framework characterized by minimal hierarchical levels and straightforward, clear lines of authority and communication.
Organizational Growth
The process of an organization enlarging or expanding its operations, activities, and impact.
Diversification
A strategy of reducing risk by owning a variety of investments or business operations across different industries or categories.
Mechanistic Structures
Describes organizational forms that are highly bureaucratic, with strict rules, procedures, and a clear hierarchy of authority.
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